Broker News

UK-listed broker, Plus500, announced on Monday that it has obtained a license from the Dubai Financial Services Authority (DFSA). The award-winning trading firm now holds 12 regulatory licenses and joins big names like Pepperstone and XTB in bolstering its presence in the UAE. DFSA Authorization The DFSA is the chief financial regulator in the special […]

Binance recently admitted that it failed to maintain backing for tokens issued on Binance Smart Chain separate from customer funds. Whilst the exchange claims it is addressing these “historical operational oversights”, the dangers of commingling customer funds are still fresh following the implosion of FTX, which left over $1B in investor assets missing. Binance has […]

Multi-regulated broker, FXOpen, has introduced commission-free trading on its suite of index CFDs. This follows a recent partnership with TradingView, which will provide traders with access to the well-known charting and networking platform. Read on for the details. No-Commission Index Trading Commission-free trading is available on positions placed on index CFDs through FXOpen’s ECN account. […]

Admiral Markets has introduced fractional stocks, helping those with a limited bankroll to invest in companies listed on the S&P500, NASDAQ, DAX40, and other popular indices. Traders can diversify their portfolios across different sectors and companies with a 1 USD/EUR minimum investment. Trade Big Stocks At Small Prices Fractional shares allow traders to buy a […]

XM has improved its mobile trading app, allowing clients to trade anywhere, at any time. Users benefit from instant order executions with zero re-quotes, mobile deposits and withdrawals, sophisticated charts, and more. The app supports MT5 accounts. Features The all-in-one mobile trading solution provides access to over 1000 CFD instruments, including currencies, stocks, indices, precious […]

FXCM has lowered its spreads on the Trading Station account. Users can start speculating on currencies and indices with competitive fees and market-leading trading tools. Tighter Spreads The revised spreads are available on major forex pairs and popular stock indices. The AUD/USD has seen the biggest improvement, with a spread of 0.85 pips, representing a […]

Uphold has added 4 new staking assets (Fantom, Harmony, Celer, SKALE) and now has 7 crypto networks (DOGE, ADA, HBAR, DOT, XDC, SOL, XLM). The latest additions mean new opportunities for budding crypto investors. Staking Assets The new staking assets join the likes of Ethereum, Polkadot and Cardano and provide owners of crypto tokens with […]

Binance underwent a proof of reserves verification on 22 November, showing that its Bitcoin holdings were fully collateralized. The aim of the report was to reassure users of the world’s largest crypto exchange that their BTC holdings are in safe hands. Binance hired accounting giant, Mazars, in the wake of the FTX scandal, which has […]

Vantage has introduced social trading on its in-house mobile app. Beginners can mirror the positions of profitable traders while talented investors can generate additional income. Importantly, the integration of copy trading means the Vantage mobile app is now a one-stop shop for aspiring investors. How Social Trading Works As the name suggests, social trading brings […]

Binance has launched the Industry Recovery Initiative (IRI), a co-investment enterprise to champion the development of web3. This follows the failure of FTX, which left millions of customers out of pocket and the industry on shaky ground. Industry Recovery Initiative The IRI aims to help promising, high-quality projects that may be facing short-term financial challenges. […]